Elevance Health Market Research Report

Company Overview

Name

Elevance Health

Mission

Elevate and advance the health of humanity. Elevance Health is dedicated to making real progress toward improving the health of the people and communities it serves.

Founded

No information is available

Founders

No information is available

Key People

Gail K. Boudreaux: President and Chief Executive Officer

Mark Kaye: Executive Vice President and Chief Financial Officer

Peter D. Haytaian: Executive Vice President and President, Carelon and CarelonRx

Morgan Kendrick: Executive Vice President and President, Commercial and Specialty Health Benefits

Ratnakar Lavu: Executive Vice President and Chief Digital Information Officer

Felicia F. Norwood: Executive Vice President and President, Government Health Benefits

Blair Todt: Executive Vice President, Chief Legal and Administrative Officer

Dr. Shantanu Agrawal: Chief Health Officer

Dr. Melissa Clarke: Chief Health Equity Officer

Dr. Catherine Gaffigan: President, Health Solutions

Hakon Mattson: Chief Sustainability Officer

Kyle Weber: Chief Strategy Officer & Interim Chief Marketing Officer

Headquarters

No information is available

Number of Employees

Approximately 100,000 associates

Revenue

No information is available

Known For

Whole health approach integrating physical, behavioral, and social needs.

Large-scale health impact and health equity initiatives.

Use of digital technologies and data to improve health outcomes.

Products

Overview

Elevance Health offers a range of health plans and services through its affiliated companies aimed at addressing the full spectrum of healthcare needs.

Products and Descriptions

Health Plans

Anthem Blue Cross and Blue Shield: Commercial health plans offered in 14 states. Provides comprehensive coverage addressing physical and behavioral health.

Wellpoint: Specialty health plans and services aimed at improving health outcomes through integrated care solutions.

Healthcare Services

Carelon: Provides clinical, behavioral, pharmacy, and complex-care solutions. It serves 1 in 3 Americans and works to streamline and improve healthcare delivery using technology, data, and expertise.

Key Features

Holistic and integrated care approach including physical, behavioral, and social health.

Data-driven insights for personalized health solutions.

Digital platform for better health management and consumer engagement.

Recent Developments

1. Launch of Whole Health Index (WHI): Created by Elevance Health physicians, data scientists, and researchers as a first-of-its-kind assessment of individual health, evaluating physical, behavioral, and social factors.

Date: August 2, 2024

2. Impact Report Release: Highlighted the company's evolution from traditional health insurance benefits company to lifetime, trusted health partner.

Date: July 2, 2024

3. Community-Based Health Initiatives: Implemented approaches to address health-related social needs and improve health.

Date: June 20, 2024

4. 2023 Progress Report: Discussed collaborative care provider partnerships and measurable progress in improving health.

Date: April 8, 2024

New Products Launched

Whole Health Index: A comprehensive tool to measure whole health using over 90 data points across physical, behavioral, and social health metrics.

Date: August 2, 2024

New Features Added to Existing Products

Added holistic health measures in the Whole Health Index to include social factors like food insecurity, transportation accessibility, and housing instability.

New Partnerships

No information is available

Conclusion

Elevance Health is a prominent player in the healthcare industry, working toward improving health outcomes through a holistic approach that integrates physical, behavioral, and social aspects of health. The company utilizes digital platforms and data to deliver personalized health solutions and has recently launched innovative tools like the Whole Health Index to measure and improve health comprehensively. With strong leadership and a mission to elevate health, Elevance Health is at the forefront of transforming healthcare delivery and addressing the broader health needs of individuals and communities.